MICR Code: 581025578
Bank: Syndicate Bank |
IFSC Code: Synb0000361 |
MICR Code: 581025578 |
Address: Indoor Panchayat Building, Post Indoor, Mundgod Taluk Pin 581349 |
City: Karwar |
District: Indoor |
State: Karnataka |
MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.
Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.
Let's decode MICR code 581025578.
- In this case first three codes 581 is city code and it represents city Karwar.
- Next three characters 025 represents bank Syndicate Bank.
- Remaining characters which are 578 represents branch. In our case branch is located at address Indoor Panchayat Building, Post Indoor, Mundgod Taluk Pin 581349.
The easiest way to find MICR code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details

I hope this clears doubts.